One of the first steps you should do when starting a business in Virginia is to register your business name. You can register your company name in Virginia as a DBA (Doing Business As), sometimes referred to as a trade name. A DBA is a legal word that refers to a company that operates under a name other than the owner’s legal name, the registered name of their LLC, or the name of their corporation.
The Virginia State Corporation Commission (SCC) must receive a trade name certificate before your business name can be registered as a DBA in Virginia. The procedure is simple and can be completed online or by mail. There is a $10 application fee, and you must submit the following data: The following information must be provided:
– The name of your company
– Your name and address
– A description of your company’s operations
– The date you first used your trade name
– The trade name’s expiration date (if any) Finding out if your business name is already in use in Virginia
Check to see if your business name is available in Virginia before submitting your trade name certificate. You can do this by using the Virginia company Name Availability Search tool or the SCC’s directory of company entities. If the name you want to use for your company is already used, you’ll need to come up with a new name or change the one you have to make it distinctive.
What Is the Difference Between an LLC and a DBA? Although you can run your business under a name other than your legal name with both a DBA and an LLC, they are two different legal entities. A DBA is not a separate legal company, and any debts or legal troubles must be paid by the business owner individually. An LLC, on the other hand, is a distinct legal entity that offers its owners liability protection. It’s essential to speak with a lawyer or a tax expert if you’re unsure which choice is best for your company. Is Virginia a state where your business must be registered? You may need to register your company with the Virginia SCC if you intend to conduct business there. All business structures, including sole proprietorships, partnerships, LLCs, and corporations, are covered by this. Depending on the form of company entity, the registration procedure differs, so it’s advisable to speak with a lawyer or tax expert to be sure you’re complying with all applicable laws.
In conclusion, registering your company name as a DBA in Virginia is an easy process that can be completed online or by the mail. Verify that your business name is available in Virginia before submitting your trade name certificate. It’s essential to speak with a lawyer or a tax expert if you’re unsure of which legal entity is ideal for your company. And if you intend to conduct business in Virginia, be sure to adhere to all applicable legal regulations to prevent any future legal complications.